Chapter 767: Thirty Years Hedong, Thirty Years Hexi
Matsk was not the summoning beast raised by Steel. It was impossible for Steel to summon him out with a snap of his fingers. Feng Xiaochen and his party completed their visit to the UK and set off for Germany. Hotby sent them to the airport like he was picking up the plane, and kept apologizing along the way, saying that he had not learned about Captain Cook's project in time, which disappointed the leaders. Feng Xiaochen repeatedly comforted him and reminded him to pay more attention to the new trends in various fields of Europe. Hotby nodded and just sweared.
"Xiaochen, why do I feel that Hotby is like a subordinate in front of you. He is also a CEO of an investment company. Even our partner, there is no need to be so humble, right?"
After boarding the flight to Germany, Wang Weilong finally raised the question that he had been holding back for many days to Feng Xiaochen. This is not how sharp Wang Weilong's eyes are, but Hotby's performance seems too flattering and makes people suspicious. At home, Wang Weilong had also seen some heads of cooperative units bow down in front of him, but they were all bosses of Chinese township enterprises. Wang Weilong didn't think there was anything unusual about them doing this. But a blue-eyed and high-nose British also looked down like this, which was a bit inconsistent.
"The rich one is the uncle. Have you never heard of this sentence?" Feng Xiaochen said to Wang Weilong with a smile.
Wang Weilong curled his lips: "That's the case, but Hotby is a foreigner, why is that too?"
Yang Haifan smiled and said, "Old Wang, you are racist. Foreigners can't be humble? Not to mention that China is rich now, it's a big customer. Even when I was a Chinese manager at Chenyu Bearing Company 30 years ago, there was a German employee named Peman in the company. He was honest in front of me and Xiaochen, and told him to go east and never dare to go west."
Wang Weilong knew Chenyu Bearing Company. At that time, because the company lacked technical workers, Feng Xiaochen asked Wang Weilong for help and found some retired workers from Luoye. Wang Weilong also knew that Chenyu Bearing Company was actually Feng Xiaochen's personal enterprise. The German named Peiman mentioned by Yang Haifan was actually Feng Xiaochen's employee. How could he not respect Feng Xiaochen, Yang Haifan and others?
However, even though he knew this, Wang Weilong was still shocked when he saw Peman's performance. There was no way, the Chinese people always felt a little admiring for white people, and they always felt that white people should be proud and arrogant. Over the years, Luo Ye's business has gradually been overseas, and Wang Weilong has also contacted many foreigners, including many white people. The mystery of white people has almost faded. At this time, he questioned Hotby's performance, because Hotby did too out of line. After Yang Haifan's explanation, Wang Weilong felt calm.
"Oh, it's really 30 years, Hexi, 30 years." Wang Weilong sighed, "In the past, we introduced technology from abroad. Those foreigners who came to teach technology, even just ordinary workers, were extremely arrogant. They had to eat small kitchens, eat Western food from time to time, and sleep in a suite with a bathroom. They said they were not used to using the public toilet. They also said it was vague, and they would lose their temper if they asked more questions. Now think about it, we are customers, the parties who spend money. What qualifications do they have to make a move in front of us?"
"The reason is very simple, that is, we don't have enough money, and people don't see it." Feng Xiaochen said, "Look at that Steel, I heard that we are going to order 2,000 sets of modules, and my face smiled like a chrysanthemum. This is the treatment of a big customer."
"Is Hotby the same?" Wang Weilong found a reasonable explanation for himself. "I heard that last time you asked him to take the line to help us introduce a British electronics company in China. He must have received a lot of agency fees, so it's no wonder he was so polite to us."
Feng Xiaochen nodded and said, "Yes. Lao Wang and Bao Chengming have contacted many brokers like Hotby in Europe. If Luo Ye wants to merge with European companies in the future, he can first find these brokers to inquire about the situation or ask them to be an intermediary, which can save a lot of energy and expenses. If we don't understand the situation in Europe and take action rashly, we may become suckers."
"In more than ten years, we have started to merge European companies, which is so fast." Wang Weilong sighed inexplicably. He touched his hair that was already spotted on his head and said to Feng Xiaochen and Yang Haifan: "Xiaochen, Lao Yang, you are a good time. I am about to retire. I have no chance to participate in the merger of European companies. You should work harder and merge this Fidelman company directly. In the future, we will develop industrial control modules, so we don't have to ask them for help. The guy named Finney has a bad character and still has a skill in technology."
"Haha, Lao Wang, you are not old, you will have a chance." Feng Xiaochen said, "Luoye needs leapfrog development now. It is not enough to accumulate little by little by little. The best way is to directly merge overseas companies and bring their technology and brands. For example, your electric wheel dump truck technology was introduced from the American Haifei Company, and now the Haifei Company's market has been squeezed by you to less than 30%. Bankruptcy is a matter of time. Don't you plan to merge it?"
"Mergering Haifei Company?" Wang Weilong's eyes widened, "Xiaochen, this joke is so big. Do you know how big the scale of Haifei Company is? It is impossible to acquire it without billions of dollars."
"Is there a lot of billions of dollars?" Feng Xiaochen asked, "Our country's foreign exchange reserves have reached more than 300 billion US dollars. What is it to take out a percent for you to acquire Haifei Company?"
Wang Weilong laughed and pointed at Feng Xiaochen with his finger and said, "Mr. Feng's words are indeed domineering. The country's foreign exchange reserves are used by one percent for our small Luo Ye. If you dare to say this, I don't even dare to listen. We Luo Ye dare not think about acquiring Haifei Company. If we acquire a few small companies like Fidelman, we can consider it."
Feng Xiaochen said seriously: "Lao Wang, I'm not kidding you. I asked Huang Ming and the others to pull an order, which is a foreign equipment company that we can consider acquiring in the next ten years, including Haifei Company. Haifei Company's current market value is billions of dollars, but its operations are getting worse and worse. Its market in the traditional mining machinery field has been snatched by you and Lin Chong and other companies. The development of new mining machinery is difficult again. Once the development fails, the stock will definitely plummet. At that time, it may not require a few billion, and it can be bought with just a few hundred million. You should keep an eye on it now. If possible, you should squeeze it in a targeted manner to make it collapse faster. If nothing unexpected happens, it may go bankrupt before you retire."
Wang Weilong frowned and began to think about Feng Xiaochen's words. Wang Weilong also understood the situation of Haifei Company that Feng Xiaochen mentioned. Luo Ye introduced the technology of a 150-ton electric wheel dump truck from Haifei Company. After digestion and absorption, he developed a 170-ton and 220-ton model. He is still developing a 300-ton model. The technical level of these new models is no less than that of Haifei Company, but the price is only half that of similar models of Haifei Company.
Domestic open-pit mines have long given up imported dump trucks and switched to domestic dump trucks made in Luoye. After trial, overseas customers have gradually recognized the performance and quality of Luoye dump trucks and began to transfer orders originally planned to be given to Haifei Company to Luoye. As a result, Haifei Company's market shrank sharply and gradually became less than enough to make ends meet.
Haifei Company once thought about fighting a price war with Chinese companies, but when they fought, they found that it was no match for it. To be precise, there were no companies in the world that could fight a price war with China. Then, Haifei Company planned to win by relying on its technological advantages, and launched several new models in succession, replacing the dashboard of the cab with a computer screen. Unfortunately, this innovation had no substantial effect, but instead raised the price and further pushed customers to the Chinese.
What supports Haifei Company now is the several unique products it owns, which have not been developed by Chinese companies. However, Wang Weilong knew that several Chinese engineering machinery companies, including Luo Ye, are actively developing these products, and some have even been made of prototypes. In other words, unless Haifei Company can get some special opportunity, it is only a matter of time before it is squeezed out by Chinese companies.
Feng Xiaochen suggested that Luo Ye include the merger of Haifei Company on the agenda, which is not considered a nonsense.
"Xiaochen, if there really is one day, can you coordinate with the National Development and Reform Commission and the Ministry of Finance to help us raise funds?" Wang Weilong asked.
Feng Xiaochen said: "Merging excellent overseas equipment companies is not only for you Luoye, but also for the entire equipment field. We must consider them in full. Don't worry, Haifei Company is a company worthy of mergers. If there is really a day when our equipment industry company will make a big spoil, it will help you raise money."
Chapter completed!